The future of textile and apparel enterprises in China, which are currently facing problems, will be, to some extent, determined by the price of cotton in Chinese domestic market, according to experts.
The future of textile and apparel enterprises in China, which are currently facing problems, will #
At present, several Chinese textile companies have decreased their production substantially. While large manufacturers are operating at 30-50 percent of their production capacity, small units are already seeing bad times owing to insufficient orders and weak market.
The future of textile and apparel enterprises in China, which are currently facing problems, will #
The Chinese textile and apparel industry, which employs over 40 million people, is considered one of the biggest in the world.
The future of textile and apparel enterprises in China, which are currently facing problems, will #
As of 2011, China’s spinning capacity accounted for half of global output. According to a recent report by the China Cotton Association, total yarn production of large-scale Chinese enterprises fell by one percent from January to May 2012.
The future of textile and apparel enterprises in China, which are currently facing problems, will #
Industry experts point out that the main reasons for downturn in the Chinese textile industry are the current international market situation and increase in production cost of textile enterprises.
The future of textile and apparel enterprises in China, which are currently facing problems, will #
Since cotton accounts for 70 percent of production cost, the price of cotton, to some extent, will determine the fate of textile enterprises, they add.
The future of textile and apparel enterprises in China, which are currently facing problems, will #
Fibre2fashion News Desk - China
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